SunTrust Banks
| SunTrust Banks, Inc.
|
|
|---|---|
 |
|
| legal form | Incorporated |
| ISIN | US8679141031 |
| founding | 1811 |
| Seat | Atlanta , United States |
| management | James M. Wells III ( President and CEO ) |
| Number of employees | 33,599 employees (as of December 31, 2006) |
| Branch | Commercial bank |
| Website | www.suntrust.com |
SunTrust Banks, Inc. is a US company headquartered in Atlanta , Georgia . The company is listed in the S&P 500 share index.
The company offers various types of financial services to its customers. Sun Trust Banks operates approximately 1,700 banking branches in the southeastern United States. The company employs around 33,600 people (as of December 31, 2006).
history
The first predecessor bank was Farmers Bank of Alexandria , Virginia, founded in 1811. The Sun Trust Banks was founded in 1985 from the merger of the two banks Trust Company of Georgia and Sunbanks from Florida. In 1986, shortly after the merger, Bank Third National Corporation was acquired and in 1998 Crestar Financial of Virginia was bought. In 2004, SunTrust Banks acquired the Memphis-based finance company National Commerce Financial .
In February 2019 it is announced that SunTrust Banks will merge with the US bank BB&T .
Others
SunTrust Banks has a history of close ties with the Atlanta-based Coca Cola Company . It propped her up in 1919 when she went public and bought a portion of her stock.
Web links
Individual evidence
- ↑ SunTrust in brief, PDF 113 kB
- ↑ a b SunTrust: Company history, PDF 21 kB ( Memento of the original from September 27, 2007 in the Internet Archive ) Info: The archive link has been inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Atlanta.Bizjournals: SunTrust to buy National Commerce Financial
- ↑ Handelsblatt.de: BB&T and Suntrust merge to become the sixth largest bank in the USA , February 7, 2019
